Sports Arbitrage Spreadsheet

This is a free spreadsheet you can use to calculate arbitrage opportunities. It has 4 different formulas. You can download it by right-clicking spreadsheet-sports-arbitrage.xlsx and selecting "Save target as".

Part 1 - Fraction Conversion

This shows you how to convert fraction into decimals so you can plug the numbers into the other formulas.

Part 2 - Total Bet

This is the amount determined by you for the total amount that you want to bet.

Sheet 3 - Players and Odds

On this sheet you type in the different teams and the odds and the spreadsheet will automatically calculate the bet mount for each team.

Sheet 4 - Results

This shows you the profits you would have under different scenarios.

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Sports Betting - Arb Spreadsheet

HPG ADMIN on March 1, 2013